BERRENTEC: what changed
BERRENTEC
Largest movements
- Receivables within one year +€110,637
up €110,637 (+34.7%), from €318,490 to €429,128
of which Trade receivables: +€135,177
- Cash -€21,644
down €21,644 (-29.9%), from €72,289 to €50,644
mainly Receivables within one year (-€110,637) and Tax, wage and social debts (-€21,087)
- Stocks and contracts +€9,268
up €9,268 (+10.9%), from €85,090 to €94,358
- Tangible fixed assets -€8,352
down €8,352 (-14.2%), from €58,608 to €50,257
of which Leasing and similar rights: -€9,473
- Trade debts +€107,062
up €107,062 (+85.9%), from €124,701 to €231,764
- Tax, wage and social debts -€21,087
down €21,087 (-40.1%), from €52,643 to €31,556
of which Remuneration and social security: -€23,310
- Reserves +€15,305
up €15,305 (+6.3%), from €243,134 to €258,439
- Gross operating margin +€109,769
up €109,769 (+42.6%), from €257,964 to €367,732
- Staff costs +€78,356
up €78,356 (+33.0%), from €237,545 to €315,901
- Financial charges +€9,170
up €9,170 (+294%), from €3,123 to €12,293
of which Financial charges: +€5,183
- Financial income -€8,104
down €8,104 (-67.6%), from €11,989 to €3,885
of which Non-recurring financial income: -€8,070
- Depreciation +€4,311
up €4,311 (+21.9%), from €19,719 to €24,031
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €575,634 | €665,229 | +€89,595 | +15.6% |
| Fixed assets | 21/28 | €73,608 | €65,257 | -€8,352 | -11.3% |
| Tangible fixed assets | 22/27 | €58,608 | €50,257 | -€8,352 | -14.2% |
| Plant, machinery and equipment | 23 | €8,113 | €14,923 | +€6,811 | +84.0% |
| Furniture and vehicles | 24 | €27,578 | €21,889 | -€5,689 | -20.6% |
| Leasing and similar rights | 25 | €22,918 | €13,445 | -€9,473 | -41.3% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €502,026 | €599,972 | +€97,946 | +19.5% |
| Stocks and contracts in progress | 3 | €85,090 | €94,358 | +€9,268 | +10.9% |
| Stocks | 30/36 | €85,090 | €94,358 | +€9,268 | +10.9% |
| Amounts receivable within one year | 40/41 | €318,490 | €429,128 | +€110,637 | +34.7% |
| Trade receivables | 40 | €219,258 | €354,434 | +€135,177 | +61.7% |
| Other amounts receivable | 41 | €99,233 | €74,693 | -€24,539 | -24.7% |
| Cash at bank and in hand | 54/58 | €72,289 | €50,644 | -€21,644 | -29.9% |
| Deferred charges and accrued income | 490/1 | €26,157 | €25,842 | -€315 | -1.2% |
| Total equity and liabilities | 10/49 | €575,634 | €665,229 | +€89,595 | +15.6% |
| Equity | 10/15 | €261,734 | €277,039 | +€15,305 | +5.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €243,134 | €258,439 | +€15,305 | +6.3% |
| Distributable reserves | 133 | €243,134 | €258,439 | +€15,305 | +6.3% |
| Amounts payable | 17/49 | €313,900 | €388,190 | +€74,290 | +23.7% |
| Amounts payable after more than one year | 17 | €6,104 | - | -€6,104 | |
| Financial debts | 170/4 | €6,104 | - | -€6,104 | |
| Amounts payable within one year | 42/48 | €305,807 | €387,748 | +€81,941 | +26.8% |
| Current portion of amounts payable after more than one year | 42 | €27,009 | €23,104 | -€3,905 | -14.5% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €124,701 | €231,764 | +€107,062 | +85.9% |
| Suppliers | 440/4 | €124,701 | €231,764 | +€107,062 | +85.9% |
| Taxes, remuneration and social security | 45 | €52,643 | €31,556 | -€21,087 | -40.1% |
| Taxes | 450/3 | €9,942 | €12,165 | +€2,223 | +22.4% |
| Remuneration and social security | 454/9 | €42,701 | €19,391 | -€23,310 | -54.6% |
| Other amounts payable | 47/48 | €1,454 | €1,325 | -€129 | -8.9% |
| Accrued charges and deferred income | 492/3 | €1,989 | €443 | -€1,547 | -77.8% |
| Remuneration, social security and pensions | 62 | €237,545 | €315,901 | +€78,356 | +33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,719 | €24,031 | +€4,311 | +21.9% |
| Other operating charges | 640/8 | €4,752 | €3,419 | -€1,333 | -28.0% |
| Gross operating margin | 9900 | €257,964 | €367,732 | +€109,769 | +42.6% |
| Operating profit (loss) | 9901 | -€4,052 | €24,381 | +€28,434 | |
| Financial income | 75/76B | €11,989 | €3,885 | -€8,104 | -67.6% |
| Recurring financial income | 75 | €497 | €463 | -€34 | -6.8% |
| Non-recurring financial income | 76B | €11,492 | €3,423 | -€8,070 | -70.2% |
| Financial charges | 65/66B | €3,123 | €12,293 | +€9,170 | +294% |
| Recurring financial charges | 65 | €3,123 | €8,306 | +€5,183 | +166% |
| Non-recurring financial charges | 66B | - | €3,987 | +€3,987 | |
| Profit (loss) for the period before taxes | 9903 | €4,813 | €15,974 | +€11,160 | +232% |
| Income taxes | 67/77 | €370 | €669 | +€299 | +80.9% |
| Profit (loss) for the period | 9904 | €4,443 | €15,305 | +€10,861 | +244% |
| Profit (loss) for the period to be appropriated | 9905 | €4,443 | €15,305 | +€10,861 | +244% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.